Member Info for mj152

bug them with emails

After all this time and effort the tanzanian authorities still have not granted a licence for a resource they need.

just another thought Aminex have got reports done on the amount of gas and the viability of getting out of the ground which have been in the possession of the authorities for some time and yet they still have not moved with any urgency.

don't hold your breath

everytime i look in on this board for progress there is none.the tanzanian authorities have a lot to answer.there is too much delay for a country that needs gas.

many wish they had as well this has been a nightmare for 18 months

They can't even get a circular out on time for an EGM for their transformational farmout.

The LTH's can't go anywhere they are all offside and are praying for a miracle.

When the EGM finally comes the farmout will be voted in with no opposition.

it does no good they just ignore them like they have ignored pi's for a good while now. They are still getting paid whilst we see no shareholder value.

You would think that as Tanzania wants to progress and needs the gas that things would have moved a little faster over the last 12 months.

The shareholders have been treated like mugs.

i did say a while ago that the tanzanian authorities wanted not just a piece of the cake but all of it and i am being proved right by what i have read today.This share has been and is a waste of time.the management have been shocking and have been putting on a charade because they have no sway with the powers that be.They have done nothing concrete on the ground and keep mentioning timelines that they clearly cannot keep.A valve at KN1 that takes a couple of days to repair so why have we heard nothing.There is all this gas in the ground and there is supposed to be strong demand domestically but the authorities still have not signed a license to develop it.

Drewky your list is very comprehensive but when are things ever going to get started by Aminex or the zubair group?

Drewky i love the list i wish the management were as thorough and on it as you are. I am a very frustrated long termer who wants things to get moving with the EGM , a rig and some licences thrown in. come on on Aminex get going.

come on aminex get on with it

and they have not made a decision on a rig just great.

drewky when will all this happen we have been waiting for a long time now.They had rig tenders in at the end of june and JB said they were going through them in july how long does it take to make a decision on which rig you want.The decision making of this lot is woeful and very slow,

totally agree they make an announcement about the farmout and then nothing.Why are these guys getting paid?

mate we have been waiting for news on this for months now and still nothing. Still as long as the directors get their salaries they are ok.